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Research service Ecoinometrics stated on Monday that bitcoin’s (BTC) long-term recovery is closely tied to the Nasdaq’s ability to trend upward, highlighting the significant positive correlation between the two. Unfortunately for crypto bulls, the Nasdaq triggered a major bearish reversal pattern known
Major tokens Cardano’s ADA, XRP, and Solana’s SOL plummeted 21% on Tuesday, just days after a dramatic surge fueled by President Donald Trump’s announcement of a U.S. crypto strategic reserve, erasing all gains sparked by the initial excitement. The sharp reversal aligned
THORChain, a decentralized protocol enabling users to swap cryptocurrencies across various blockchains, has seen what can be described as an unwanted windfall after the Bybit hack. The protocol processed $4.66 billion in swaps in the week ended March 2, the highest tally
Ether (ETH) is testing levels not seen since November 2023, as the market continues to be hit by volatility resulting from U.S. President Donald Trump’s trade war threat. ETH is down 15% in the last 24 hours, according to CoinDesk Indices data,
CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering (IPO) today. The company is expected to raise $4 billion, with a valuation of more than $35 billion. Today’s filing showed the company
The new chief counsel of the U.S. Securities and Exchange Commission’s (SEC) freshly-created Crypto Task Force is a crypto lawyer. Michael Selig, who was named chief counsel of the task force in a Monday announcement from the SEC, was previously a New
At the Bitcoin Conference in Nashville in July, Donald Trump pledged to create a “strategic national bitcoin reserve.” By Sunday morning March 2, that reserve also included ether (ETH), XRP, Solana (SOL) and Cardano (ADA) alongside bitcoin (BTC). Trump’s message on Truth
Sunday’s Trump bump in crypto has mostly vanished nearly as quickly as it appeared. In mid-afternoon U.S. action, bitcoin (BTC) is changing hands at $86,700, barely above its level prior to President Trump taking to social media Sunday to tout his plans
President Trump’s announcement on Sunday that he plans to establish a federal cryptocurrency reserve sent digital asset markets soaring. However, it also reignited concerns over potential conflicts of interest, this time involving David Sacks, the venture capitalist who serves as Trump’s crypto
Crypto custody firm Copper has hired Tammy Weinrib as its new chief compliance officer and Bank Secrecy Act (BSA) officer for the Americas, the company said in a press release Monday. Weinrib will lead the firm’s licensing drive in the U.S. market